Schwab Reports Monthly Activity Highlights

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SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report
today. Company highlights for the month of August 2018 include:

Core net new assets brought to the company by new and existing clients
in August 2018 totaled $20.8 billion. Net new assets excluding mutual
fund clearing totaled $18.6 billion.

Total client assets were a record $3.56 trillion as of month-end
August, up 14% from August 2017 and up 2% compared to July 2018.

New brokerage accounts totaled 132,000 in August, up 7% from August
2017 and up 12% compared to July 2018.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 345 offices and 11.3 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
1.3 million banking accounts, and $3.56 trillion in client assets as of
August 31, 2018. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, money management, custody, and financial advisory services to
individual investors and independent investment advisors. Its
broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

The Charles Schwab Corporation Monthly Activity Report For August
2018

Net new assets before significant one-time inflows or outflows, such
as acquisitions/divestitures or extraordinary flows (generally
greater than $10 billion) relating to a specific client. These flows
may span multiple reporting periods.